BUZZ-Australia's Piche Resources rises after strong drilling update at WA project

Reuters

2025/02/06

** Shares of Piche Resources PR2.AX rise 13.8% to A$0.074, their highest levels since January 29, 2025

** The miner says recent drilling at Ashburton project, Western Australia has shown exceptional uranium high-grade zones

** The chemical assay results confirm our findings that the Ashburton project is a very promising uranium prospect - Co

** Stock posts biggest intraday pct gain since December 18

** About 174,460 shares change hands, 2.9x the 30-day average of ~60,202

** Stock down 12.9% YTD, including session's moves

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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